Category: Analyst Actions

Analyst Actions

NXP Semiconductors (NASDAQ:NXPI) Price Target Upped to $70 by Drexel Hamilton

In a research not issued on Wednesday, Drexel Hamilton increased their price target to $70 for NXP Semiconductors (NASDAQ:NXPI). Highlights from the report include: A broadening economic upturn providing global cyclical lift benefits well-situated NXP (NASDAQ:NXPI), especially in mobiles, autos, security and industrial Customers entering the year with moderate inventories are now faced with establishing buffer stocks that will benefit orders and build backlog Resulting … Continue reading NXP Semiconductors (NASDAQ:NXPI) Price Target Upped to $70 by Drexel Hamilton

Chris Lewis
Analyst Actions

Stocks To Watch on Analyst Actions: Revance Therapeutics Inc. (NASDAQ:RVNC), Brandywine Realty Trust (NYSE:BDN), Sodastream International Ltd. (NASDAQ:SODA)

Analysts at Janney Capital Markets have lowered their 2014 and 2015 earnings estimates for Chiquita Brands International Inc. (NYSE:CQB), while maintaining a neutral rating on the stock. The firm has lowered its 2014 EPS to $1.01 from $1.12, and reduced its 2015 EPS forecast to $1.25 from $1.29 a share. The estimate adjustment comes just a few days after Chiquita Brands International Inc. (NYSE:CQB) reported Q4 2013 … Continue reading Stocks To Watch on Analyst Actions: Revance Therapeutics Inc. (NASDAQ:RVNC), Brandywine Realty Trust (NYSE:BDN), Sodastream International Ltd. (NASDAQ:SODA)

Kristen Barton
FB Nasdaq FB Facebook
Analysis, Analyst Actions, Earnings, Finance

Morning Analysis: DRQ; NRG; BSFT

Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax foreign exchange loss of $2.3 million, or $0.06 per diluted … Continue reading Morning Analysis: DRQ; NRG; BSFT

Kristen Barton
Analyst Actions

DreamWorks (NASDAQ:DWA) Down 13% on Piper Jaffray Downgrade

Animated film company DreamWorks Animation SKG (NASDAQ:DWA) is down 13% to $30.57 per share on heavy volume of 4 million shares following a rating cut at Piper Jaffray to Underperform from Neutral. The analyst firm maintained a price target of $19 per share on DWA. The downgrade follows disappointing 4Q revenue reported after Tuesday’s close of $204.2 million, down 23% from $264.7 million last year, … Continue reading DreamWorks (NASDAQ:DWA) Down 13% on Piper Jaffray Downgrade

Mark DeFrance
Analyst Actions, Tech IPO

Analyst Pre-Market Upgrades and Downgrades: EPE, BOOM, LNKD, HELI, SQI

LinkedIn (NYSE:LNKD) is higher this morning after RBC upgraded the shares to Outperform from Sector Perform and set a price target of $250 per share, up from $225 per share. JPMorgan analysts have downgraded their coverage of industrial manufacturer Dynamic Materials Corporation (NASDAQ:BOOM) to a Neutral rating from Overweight. The firm also lowered its price target on the stock to $21 from $25 a share. … Continue reading Analyst Pre-Market Upgrades and Downgrades: EPE, BOOM, LNKD, HELI, SQI

Ryan Holtz
Analyst Actions

Pre-Market Analyst Updates: Halcon, Exterran, Ralph Lauren, Ariad Pharmaceuticals

Analysts at RBC Capital have downgraded independent energy company Halcon Resources Corp. (NYSE:HK) to a Sector Perform rating from Outperform. The firm slashed its price target on the stock by one-third to $4 from $6 a share. In the pre-market session, shares of HK have slid 2.68% to $4 amid a 52-week range of $3.16 – $8.12. Natural gas company Exterran Partners, L.P. (NASDAQ:EXLP) has … Continue reading Pre-Market Analyst Updates: Halcon, Exterran, Ralph Lauren, Ariad Pharmaceuticals

Chris Lewis